The $500mn-plus sale of Pink Floyd’s music catalogue has hit a wall, with the auction delayed by months of arguing between band members over tax, assets, and bassist Roger Waters’ claims that he is on an assassination hit list in Ukraine.
The dispute is jeopardising an expected payout for a song catalogue that is viewed as one of the most valuable assets to come to market during a boom in sales of vintage rock music.
With interest from a wide group of investors and music companies including Blackstone, Sony Music and Warner Music, Pink Floyd was expected to fetch more than $500mn, making it one of the biggest music rights deals ever.